Government spending vs. GDP in Colombia
Colombia: Government spending vs. GDP was 62.45 billion constant 2015 US$ in 2025. ◆ Volatile
Latest (2025)
62.45 billion constant 2015 US$
Change on year
up 7.1%
World rank
35th
of 166 countries
All-time high
62.45 billion constant 2015 US$
in 2025
All-time low
2.02 billion constant 2015 US$
in 1960
Years of data
66
1960–2025
Government spending vs. GDP in Colombia, 1960–2025
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in constant 2015 US$.
Analysis
The most recent figure for government spending vs. gdp in Colombia is 62.45 billion constant 2015 US$, measured in 2025. That is the highest value across all 66 years on record.
That represents a change of up 7.1% on the previous year and up 43.7% over ten years.
Over the whole period, government spending vs. gdp in Colombia peaked at 62.45 billion constant 2015 US$ in 2025 and was at its lowest, 2.02 billion constant 2015 US$, in 1960.
Colombia ranks 35th of 166 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Government spending vs. GDP in Colombia, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1960 | 2.02 billion constant 2015 US$ | — |
| 1961 | 2.14 billion constant 2015 US$ | +5.5% |
| 1962 | 2.31 billion constant 2015 US$ | +8.3% |
| 1963 | 2.45 billion constant 2015 US$ | +5.8% |
| 1964 | 2.48 billion constant 2015 US$ | +1.3% |
| 1965 | 2.64 billion constant 2015 US$ | +6.5% |
| 1966 | 2.75 billion constant 2015 US$ | +4.2% |
| 1967 | 2.82 billion constant 2015 US$ | +2.6% |
| 1968 | 2.92 billion constant 2015 US$ | +3.3% |
| 1969 | 3.07 billion constant 2015 US$ | +5.0% |
| 1970 | 3.35 billion constant 2015 US$ | +9.4% |
| 1971 | 4.23 billion constant 2015 US$ | +26.2% |
| 1972 | 4.03 billion constant 2015 US$ | -4.7% |
| 1973 | 4.45 billion constant 2015 US$ | +10.2% |
| 1974 | 4.34 billion constant 2015 US$ | -2.3% |
| 1975 | 4.44 billion constant 2015 US$ | +2.3% |
| 1976 | 4.61 billion constant 2015 US$ | +3.8% |
| 1977 | 4.83 billion constant 2015 US$ | +4.7% |
| 1978 | 5.27 billion constant 2015 US$ | +9.2% |
| 1979 | 5.93 billion constant 2015 US$ | +12.4% |
| 1980 | 6.68 billion constant 2015 US$ | +12.7% |
| 1981 | 6.93 billion constant 2015 US$ | +3.7% |
| 1982 | 7.25 billion constant 2015 US$ | +4.6% |
| 1983 | 7.20 billion constant 2015 US$ | -0.6% |
| 1984 | 7.50 billion constant 2015 US$ | +4.1% |
| 1985 | 7.84 billion constant 2015 US$ | +4.5% |
| 1986 | 7.95 billion constant 2015 US$ | +1.4% |
| 1987 | 8.39 billion constant 2015 US$ | +5.6% |
| 1988 | 9.22 billion constant 2015 US$ | +9.9% |
| 1989 | 9.74 billion constant 2015 US$ | +5.6% |
| 1990 | 10.04 billion constant 2015 US$ | +3.1% |
| 1991 | 10.36 billion constant 2015 US$ | +3.2% |
| 1992 | 11.46 billion constant 2015 US$ | +10.6% |
| 1993 | 11.85 billion constant 2015 US$ | +3.4% |
| 1994 | 13.66 billion constant 2015 US$ | +15.2% |
| 1995 | 14.65 billion constant 2015 US$ | +7.3% |
| 1996 | 18.16 billion constant 2015 US$ | +23.9% |
| 1997 | 21.02 billion constant 2015 US$ | +15.8% |
| 1998 | 21.45 billion constant 2015 US$ | +2.1% |
| 1999 | 22.23 billion constant 2015 US$ | +3.6% |
| 2000 | 22.17 billion constant 2015 US$ | -0.3% |
| 2001 | 22.66 billion constant 2015 US$ | +2.2% |
| 2002 | 22.53 billion constant 2015 US$ | -0.6% |
| 2003 | 22.94 billion constant 2015 US$ | +1.8% |
| 2004 | 24.40 billion constant 2015 US$ | +6.4% |
| 2005 | 25.67 billion constant 2015 US$ | +5.2% |
| 2006 | 27.01 billion constant 2015 US$ | +5.2% |
| 2007 | 28.24 billion constant 2015 US$ | +4.6% |
| 2008 | 29.57 billion constant 2015 US$ | +4.7% |
| 2009 | 30.97 billion constant 2015 US$ | +4.8% |
| 2010 | 32.59 billion constant 2015 US$ | +5.2% |
| 2011 | 34.70 billion constant 2015 US$ | +6.5% |
| 2012 | 36.37 billion constant 2015 US$ | +4.8% |
| 2013 | 39.61 billion constant 2015 US$ | +8.9% |
| 2014 | 41.46 billion constant 2015 US$ | +4.7% |
| 2015 | 43.47 billion constant 2015 US$ | +4.9% |
| 2016 | 44.26 billion constant 2015 US$ | +1.8% |
| 2017 | 45.88 billion constant 2015 US$ | +3.6% |
| 2018 | 49.25 billion constant 2015 US$ | +7.4% |
| 2019 | 51.85 billion constant 2015 US$ | +5.3% |
| 2020 | 51.45 billion constant 2015 US$ | -0.8% |
| 2021 | 56.50 billion constant 2015 US$ | +9.8% |
| 2022 | 57.06 billion constant 2015 US$ | +1.0% |
| 2023 | 57.95 billion constant 2015 US$ | +1.6% |
| 2024 | 58.29 billion constant 2015 US$ | +0.6% |
| 2025 | 62.45 billion constant 2015 US$ | +7.1% |
Colombia compared with similar countries
- Colombia's 62.45 billion constant 2015 US$ is above the median for upper middle income countries, which is 9.30 billion constant 2015 US$, 6.7× the median. (45 countries reporting)
- Colombia's 62.45 billion constant 2015 US$ is above the median for Latin America & Caribbean, which is 9.59 billion constant 2015 US$, 6.5× the median. (22 countries reporting)
Biggest year-on-year movements
Years where Government spending vs. GDP in Colombia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1971 | +26.2% | 3.35 billion constant 2015 US$ | 4.23 billion constant 2015 US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.56 billion constant 2015 US$ | 2.02 billion constant 2015 US$ | 3.07 billion constant 2015 US$ | 10 |
| 1970s | 4.55 billion constant 2015 US$ | 3.35 billion constant 2015 US$ | 5.93 billion constant 2015 US$ | 10 |
| 1980s | 7.87 billion constant 2015 US$ | 6.68 billion constant 2015 US$ | 9.74 billion constant 2015 US$ | 10 |
| 1990s | 15.49 billion constant 2015 US$ | 10.04 billion constant 2015 US$ | 22.23 billion constant 2015 US$ | 10 |
| 2000s | 25.61 billion constant 2015 US$ | 22.17 billion constant 2015 US$ | 30.97 billion constant 2015 US$ | 10 |
| 2010s | 41.94 billion constant 2015 US$ | 32.59 billion constant 2015 US$ | 51.85 billion constant 2015 US$ | 10 |
| 2020s | 57.28 billion constant 2015 US$ | 51.45 billion constant 2015 US$ | 62.45 billion constant 2015 US$ | 6 |
Countries ranked near Colombia
More economy & growth data for Colombia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.41 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 4.82 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0105 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 90.31 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 11.57 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -15.44 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0253 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 216.58 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 6.31 % change on previous year (2025)
Frequently asked questions
- What is government spending vs. gdp in Colombia?
- Government spending vs. gdp in Colombia was 62.45 billion constant 2015 US$ in 2025, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
- What is the highest government spending vs. gdp recorded in Colombia?
- The highest recorded value was 62.45 billion constant 2015 US$ in 2025.
- What is the lowest government spending vs. gdp recorded in Colombia?
- The lowest recorded value was 2.02 billion constant 2015 US$ in 1960.
- How does Colombia rank for government spending vs. gdp?
- Colombia ranks 35th out of 166 countries with data for 2025.
- Is government spending vs. gdp rising or falling in Colombia?
- Over the last ten years it is up 43.7%. The long-run trend across the full record is volatile.
- Where does this Colombia data come from?
- The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of Government spending vs. GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
General government final consumption expenditure includes all government current expenditures for purchases of goods and services (including compensation of employees). Both measures are expressed in constant 2015 US$.